Proof of Usefulness Report

Hancock Software Inc.

Analysis completed on 2/10/2026

+586
Proof of Usefulness Score
Industry Mainstay

Hancock Software is a well-established entity (est. 2004) in the niche of energy efficiency program management, specifically targeting Low-Income Home Energy Assistance Programs (LIHEAP) and Weatherization Assistance Programs (WAP). The project demonstrates high real-world utility by facilitating the distribution of federal funds (including recent IRA rebates). However, the submission itself suffers from low-quality data inputs (e.g., claiming 'everyone' as the audience, stating 'most people have used my product', and citing a confusing market cap figure), which contradicts the professional nature of the software. While the underlying business is solid and timely, the score is penalized for the exaggerated claims and lack of technical detail in the application.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+21.25
Audience Reach Impact+11.2
Technical Innovation+7.2
Evidence Of Traction+15.0
Market Timing Relevance+9.0
Functional Completeness+1.5
Subtotal+65.15
Usefulness Multiplierx0.90
Final Score+586

Project Details

Project URL
hancocksoftware.com
Description
The leading home energy services program management solution. Helping Federally-funded energy assistance programs and Utility Home Energy Services programs run smarter. Hancock Software is thrilled to announce the immediate support for energy modeling and program tracking for all requirements for IRA Home Efficiency Rebates (Section 50121) and the Home Electrification and Appliance Rebates (Section 50122) Quick Start Program. Companies using Hancock Software can start taking advantage of program funds immediately - executing data collection, tracking, and reporting on the two residential rebate programs. For over a decade, Hancock Software has produced industry-leading Energy Assistance Program Management Software. More than 450 community action agencies and 30 utilities across the United States benefit from Hancock Cloud to streamline the delivery of energy assistance and weatherization services for residential and commercial buildings. Hancock Cloud empowers organizations to collect and validate data, identify the ideal implementation of energy efficiency services, qualify suggestions across multiple programs using unique rules, and process payments. This unmatched versatility enables clients to streamline their energy management processes and optimize cost savings with ease. For more information about Hancock Software, please visit their website: https://www.hancocksoftware.com/

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline